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reckoning

Already facing a student loan ‘financial reckoning,’ Trump’s changes to graduate students loans could make Gen Z’s diplomas a pricier gamble

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Young professionals are facing a perfect storm of financial burdens: student debt, stagnant wages, and a shaky job market. Now, sweeping changes signed into law by President Donald Trump threaten to make graduate degrees—a traditional path to higher earnings and stability—an even riskier bet. At the center of the overhaul enshrined in the One Big … Read more

The Global Car Reckoning Is Here. Far Too Many Auto Companies Don’t Have a Plan

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On a drab, overcast March day in Amsterdam in 2022, Stellantis CEO Carlos Tavares took off his face mask and strode onto a makeshift stage to confidently explain to a crowd of journalists and analysts how the company that had recently unified brands as diverse as Fiat, Peugeot, Maserati, Ram, and Opel was going to … Read more

Investing in Space: NASA’s months of reckoning

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CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. Overview: HEADLINE For half a year now, NASA’s been weathering a storm on every front, from its budget to its chain of command and potential program terminations. Employee uproar was … Read more

BYD unleashes an EV industry reckoning that alarms Beijing

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The price war engulfing China’s electric vehicle industry has sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be getting started. For all the Chinese government’s efforts to prevent price cuts by market leader BYD Co. from turning into a vicious spiral, analysts say a combination of … Read more

Frontier Airlines (ULCC) Soars as Budget Carriers Face a Reckoning: What Traders Need to Know

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As of this writing, Frontier Group Holdings Inc. (NASDAQ: ULCC) is one of the top performers in the market, surging 8.18% to $3.63 per share. This eye-catching move comes amid a Bloomberg report highlighting a seismic shift in the airline industry: Americans are growing weary of ultra-low-cost carriers (ULCCs) like Frontier, pushing the sector into … Read more

Mark Zuckerberg says college isn’t preparing students for today’s job market—this and the debt burden will create a ‘reckoning’ for higher education

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Mark Zuckerberg is one of a handful of famous billionaires who dropped out of college, yet he’s still an advocate of higher education. That being said, the Meta founder backed college as an opportunity for life experience as opposed to career prospects. Speaking to the This Past Weekend podcast with Theo Von in an episode … Read more

History suggests a tariff-induced downturn may cause a reckoning in the venture capital industry

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There’s a mantra you learn about as a business journalist—follow the money. It’s a mantra that feels especially important right now, with tariffs expected to go into effect tomorrow. The Nasdaq Composite has been teetering toward bear market territory for the first time since 2022 as companies gear up for sudden spikes in the costs … Read more

She persuaded Sephora and Nordstrom to dedicate 15% of their shelf space to Black-owned brands. Now she’s reckoning with a massive DEI rollback

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It’s been almost five years since Aurora James made the Instagram post that changed everything.  In the aftermath of the murder of George Floyd in 2020, and the conversation around race in America that followed, the fashion designer went on social media and asked major retailers like Whole Foods to commit to buying 15% of … Read more

Is KKR’s bad bet on cycling the start of Europe’s private equity reckoning?

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As lockdowns gripped Europe in late 2020, KKR was battling to plant its flag in one of the pandemic’s winning industries. The private equity pioneer lost out that year in its bid for German road bike maker Canyon, a darling of Instagram. But bankers later pitched KKR’s dealmakers a consolation prize: Accell, a less modish … Read more

Mission: Impossible – The Final Reckoning Continues to Look Bonkers

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Your mission, should you choose to accept it, is to realize the eighth Mission: Impossible movie is finally hitting theaters this year. We know. It’s hard to believe after so many starts, stops, delays, and more. But, on May 23, Mission: Impossible – The Final Reckoning is coming to theaters, and if we go by … Read more

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